All Loans > Personal Loans > Union Bank Personal Loans Calculator
Important disclosure

Union Bank Personal Loans Calculator & Overview

Carla Soto
Carla Soto
Updated 11 Aug 2023
Fact checked

Union Bank logo

Union Bank was established in 1864 as The Bank of California and is a proud member of Mitsubishi UFJ Financial Group Risk Management (MUFG). It is a nationally chartered full-service bank with an asset size of $163 billion and almost 400 branches in California, Washington and Oregon. They offer a full range of products and services for personal banking, including personal loans, investment management, and financial planning.

As long as you have the capacity to make your monthly payments on time and in full, a personal loan could be the right tool for your needs. Do diligent research and compare offers from various lenders. If you’ve finally decided that a Union Bank personal loan is your top choice, calculate your potential repayments through the Union Bank personal loans calculator.

Personal loans have an annual percentage rate (APR) varying from around 3% to 36% APR. The interest rates you can receive will depend on a range of factors, such as your credit score, income, and debt-to-income ratio. On a loan of $10,000 over 5 years, the cost could vary between $10,781 and $21,680. The interest cost is between $781 and $11,680.

A quick guide to personal loans from Union Bank

A personal loan, like one from MUFG UnionBank, typically has lower rates than credit cards. Look at the features and benefits so you can figure out if they fit your personal expectations and payment preferences:

  • Loan amounts: minimum $3,000; maximum $35,000
  • Loan terms: between 36 and 84 months
  • Loan fees: $0 origination fee; $0 application
  • Interest rates: from 6.99% to 19.99% APR

 

Requirements for an Union Bank personal loan

To get a personal loan from Union Bank, you must meet the following requirements:

  • Be 18 years of age
  • Be a US resident
  • Have a valid email address
  • Have proof of capacity to pay
  • Have good credit history

Union Bank does not have a list of eligibility requirements for potential loan applicants. However, here’s the general expectation among most lenders:

  • You are 18 years of age or older. Provide at least two forms of government-issued identification such as passport or certificate of citizenship.
  • You are a US citizen or resident. Provide a copy of a voter registration card or auto insurance that lists your address.
  • You have consistent and steady monthly income. Common forms of income verification include pay stubs, 1099 forms, or income tax returns.
  • You have a good credit standing. Aim to maintain a minimum credit score of 600. Ideally, a credit score of 700 can result in lower APRs, higher loan amounts, or a more reasonable repayment term.
  • You have a good debt-to-income ratio. Most lenders expect applicants to have a DTI ratio of 40% or lower.

Union Bank personal loan calculator

Provider
Product Information
EST Monthly
Repayment
Interest
Rate
Repayment
Period
Loan
Amounts
Sort loans by

Loan Amount

$20,000

Term

3 months

Change
Union Bank

Union Bank personal loans

Union Bank personal loans
Estimated Month Repayments
$617 Inclusive of fees
Interest Rate
6.99%
APR
Repayment Period
36 months
to 84 months
Loan Amounts
$3,000
to $35,000
Go to site
Design a personal loan tailored for your needs
Featured
Wells Fargo

Wells Fargo personal loans

Estimated Month Repayments
$606 Inclusive of fees
Interest Rate
5.74%
APR
Repayment Period
12 months
to 84 months
Loan Amounts
$3,000
to $10,000
Go to site
Checking and savings accounts and credit cards for your everyday business expenses and cash management.
Featured
Eastman Credit Union

Eastman Credit Union personal loans (Shared Secured Personal Loan)

Estimated Month Repayments
$848 Inclusive of fees
Interest Rate
29.90%
APR
Repayment Period
12 months
to 12 months
Loan Amounts
$1,000
to $20,000
Go to site
ECU offers extraordinary products & services that make life just a little easier.

SeeLoans.com provides factual information about financial products. While SeeLoans.com attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on SeeLoans.com is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product, you will be dealing directly with that provider and not with SeeLoans.com. SeeLoans.com recommends reading the relevant product disclosure statement or product guide before taking up any financial product offer. Please view SeeLoans.com's Terms of Use for more information.

Minimum and maximum loan periods vary between 1 month and 10 years. Annual Percent Rates (APR) vary between 4.99% and 35.99% p.a. Total interest repayments vary between $592 and $916 over the life of the loan. *APR is based on an unsecured loan of $20,000 over a term of 3 years. WARNING: This APR is true only for the examples and may not include all charges. Different terms, fees or loan amounts might result in a different APR. These rates can change without further notice.

 

Pros and cons of Union Bank personal loans

Pros

  • Wide range of loan amounts
  • No application or origination fees
  • Same-day funding

Cons

  • Borrower criteria unclear
  • No rate discounts on automatic payments
  • No deferred payment options

FREQUENTLY ASKED QUESTIONS

What are the minimum and maximum loan amounts for a Union Bank personal loan?

Union Bank offers personal loans between $3,000 and $35,000.

How long should I repay a personal loan from Union Bank?

You have between 36 and 84 months (3-7 years) to repay your personal loan from Union Bank.

How much does Union Bank charge for its personal loans?

The personal loan rates from Union Bank can be as low as 6.99% and can reach up to 19.99% APR.

What is the expected turnaround time for a Union Bank personal loan application?

Qualified borrowers can expect same day approval and/or same day funding for their personal loan application from Union Bank.

What are the loan fees involved when applying at Union Bank?

Union Bank personal loans don’t have application or origination fees.

What number do I need to call to ask about personal loans from Union Bank?

You can call 1.800.237.0561 to find out more about Union Bank personal loans.

Video: Who we are – Union Bank

Popular personal loan searches

Carla Soto
Carla Soto

Carla is a skilled copywriter at BestFind with a background in marketing and communications. She specializes in reviewing personal loan and finance products to help readers navigate the complex world of personal finance.

.

Seeloans.com provides factual information in relation to financial products. While Seeloans.com attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on Seeloans.com is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with Seeloans.com. Seeloans.com recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information please see Seeloans.com’s Terms of Use and Services Guide.

© 2024 Seeloans.com